As Gold & Silver Broke Out, Bullion Bank Gold Short Positions Were At A Staggering $39 Billion
As the price of gold and silver broke out this week, bullion bank gold short positions were already at a staggering $39 billion.
As the price of gold and silver broke out this week, bullion bank gold short positions were already at a staggering $39 billion.
After a day that saw precious metals prices breakout strongly, the fireworks in the gold and silver markets are just beginning.
On the heels of the US dollar tumbling, we are seeing major breakout for gold and silver today as gold has surged $50 and silver is now trading above $25.
As we continue trading in the month of November, this has never happened before, plus a look at gold, silver and the US dollar.
With gold trading near $1,900, something big has happened and pullbacks in the gold sector need to be aggressively bought.
By the looks of things, investors need to prepare for a gold wave.
Gold shorts are under pressure today as the price of gold and mining stocks continue to surge.
Ahead of the US election, this is the world’s biggest crowded trade.
Stocks are surging as we kickoff the month of November, but this sector may see the next big move.
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals said that as the US election looms, the real price people are paying for gold is shocking.